Sales of new homes rose in April to the second highest level since the summer of 2008 while the median price for a new home hit a record high, further signs that housing is recovering.
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U.S. new-home sales jumped in January from the previous month to the highest level since July 2008, a sign that the housing recovery is accelerating. The Commerce Department said Tuesday that new-home sales rose nearly 16 percent in January to a seasonally adjusted annual rate of 437,000. The percentage increase...
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The number of new-home sales across the nation increased in November from both the month and year before, and experts say this is a good sign for the economy. Commerce Department data shows sales of new single-family properties bumped up 4.4 percent monthly and 15.3 percent annually during November, as the pace...
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By Christopher S. Rugaber
WASHINGTON -- A measure of U.S. home prices jumped 5 percent in September compared with a year ago, the largest year-over-year increase since July 2006. The gain reported by CoreLogic offered more evidence of a sustainable housing recovery.
The real estate data provider also said...
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Americans bought fewer new homes in June after sales jumped to a two-year high in May. The steep decline suggests a weaker job market and slower growth could make the housing recovery uneven.
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By Christopher S. Rugaber
WASHINGTON -- Americans signed more contracts to buy previously occupied homes in May, matching the fastest pace in two years. The increase suggests that home sales will rise this summer and the modest housing recovery will continue.
The National Association of Realtors said Wednesday...
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By Martin Crutsinger
WASHINGTON -- Americans bought new homes in May at the fastest pace in more than two years. The increase suggests a modest recovery in the housing market is continuing, despite weaker job growth.
The Commerce Department said Monday that sales of new homes increased 7.6 percent in May from...
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WASHINGTON -- Sales of new homes dipped in January but the final quarter of 2011 was stronger than first estimated.
The Commerce Department said Friday that new-home sales fell 0.9 percent last month to a seasonally adjusted annual rate of 321,000 homes. That followed four straight months of gains in which home...
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WASHINGTON -- Fewer people bought new homes in December. The decline made 2011 the worst year for new homes sales on records dating back nearly half a century.
The Commerce Department said Thursday that new-home sales fell 2.2 percent last month to a seasonally adjusted annual pace of 307,000. The pace is less...
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WASHINGTON -- Americans bought slightly more new homes in October, a hopeful sign for the troubled housing market. But the median sales price fell to its lowest level of the year, and the overall sales pace is trailing last year's -- the worst in half a century.
The report suggests that housing continues to...
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WASHINGTON -- The number of Americans who signed contracts to buy homes fell in August, after a weaker-than-expected peak buying season.
The National Association of Realtors said Thursday that its index of sales agreements fell 1.2 percent last month to a reading of 88.6
A reading of 100 is considered healthy....
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WASHINGTON -- The homebuying season was a bust.
March through August are typically the peak buying months. But this year, Americans bought fewer new homes in that stretch than in any other six-month period since record-keeping began a half-century ago.
And sales of previously occupied homes didn't fare much...
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WASHINGTON -- Sales of new homes fell to a six-month low in August. The fourth straight monthly decline during the peak buying season suggests the housing market is years away from a recovery.
The Commerce Department said Monday that new-home sales fell 2.3 percent to a seasonally adjusted annual rate of...
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The news that 2011 may go down as the worst year in the past 50 for construction of new homes brought out many a weeping violin. Sorry, the strings on mine must have popped.
Yes, I understand that construction jobs -- the ones that are created when builders build new homes -- are a good thing for the economy....
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WASHINGTON -- Builders broke ground on fewer homes in August, a reminder that the housing market remains depressed.
The Commerce Department said Tuesday that builders began work on a seasonally adjusted 571,000 homes last month, a 5 percent decline from July. That's less than half the 1.2 million that...
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WASHINGTON - The number of people who bought new homes fell for the fourth straight month in July, putting sales on track to finish this year as the worst on records dating back half a century.
Sales of new homes fell nearly 1 percent in July to a seasonally adjusted annual rate of 298,000, the Commerce...
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There is a strong indication that homebuilders have almost ceased activity in several states as demand for newly built homes has dwindled. The slowdown in new home permits is particularly stark when compared to the total number of existing homes in each state. 24/7 Wall St. looked at the statistics for building...
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WASHINGTON - Builders broke ground on fewer single-family houses in July, leaving home construction at depressed levels.
The Commerce Department said Tuesday that builders began work on a seasonally adjusted 604,000 homes last month, a 1.5 percent decrease from June. That's half the 1.2 million homes per year...
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